Call reports 2020
MERCHANTS BANK OF BANGOR — 2020
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 |
|---|---|
| Total assets | 408,876,000 |
| Total loans | 248,377,000 |
| Allowance for loan losses | 2,756,000 |
| Securities available for sale | 136,286,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 357,092,000 |
| Interest-bearing deposits | 309,676,000 |
| Noninterest-bearing deposits | 47,416,000 |
| Equity capital | 42,014,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 |
|---|---|
| Interest income | 3,707,000 |
| Interest expense | 393,000 |
| Net interest income | 3,314,000 |
| Noninterest income | 395,000 |
| Noninterest expense | 2,574,000 |
| Provision for loan losses | 0 |
| Pretax income | 1,135,000 |
| Income tax | 175,000 |
| Net income | 960,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 |
|---|---|
| Tier 1 capital | 39,051,000 |
| Total capital | 41,815,000 |
| Risk-weighted assets | 262,636,000 |